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CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Revenue:    
Net premiums earned $ 54,997 $ 44,786
Net investment income 2,040 1,546
Net realized investment gains 927 1,704
Other income 10,996 6,900
Total revenue 68,960 54,936
Costs and expenses:    
Losses and loss adjustment expenses 29,545 23,949
Commissions and other underwriting expenses 19,852 12,694
General and administrative expenses 4,081 3,798
Interest expense 84 11
Total costs and expenses 53,562 40,452
Income before income taxes 15,398 14,484
Income taxes 5,795 5,711
Net income 9,603 8,773
Net income (loss) attributable to noncontrolling interest 68 (511)
Net income attributable to Federated National Holding Company shareholders $ 9,535 $ 9,284
Net income per share attributable to Federated National Holding Company shareholders:    
Basic (in dollars per share) $ 0.69 $ 0.68
Diluted (in dollars per share) $ 0.68 $ 0.66